Platinum tumbles to lowest since September

Mon Aug 18, 2008 9:34pm EDT
 
[-] Text [+]
 SINGAPORE, Aug 15 (Reuters) - Platinum tumbled more than 4
percent to its weakest since mid-September on Tuesday as weaker
gold and oil prices sparked another round of selling.
 Spot platinum XPT= dropped to $1,320.50/1,340.50 an ounce
from $1,386.00/1,406.00 an ounce late in New York on Monday and
well below a record high of $2,290 an ounce hit in March.
  (Reporting by Lewa Pardomuan; Editing by Louise Heavens)

 

Featured Broker sponsored link